NOT LISTED FOR SALE

804 S 2nd St Oregon, IL 61061

Estimated Value: $71,000 - $121,000

4 Beds
2 Baths
-- Sq Ft
8,015 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $53,000

Est. 91% increase in value since last sale

Current estimated payment $744/month

31 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 2-minute walk to Mix Park
  • Oregon High School Rated 9+

About This Home

As of November 2020

Investor alert - two unit rental property in Oregon! Unit 1 is on the first floor and has 2 bedrooms and one full bath plus its own basement with washer and dryer hook ups. Unit 2 is on the second story with 2 bedrooms and one full bath. Great rental history, tenants pay gas and electric. Great investment opportunity, close to school and shopping. Call today for details.

Last Agent to Sell the Property

Douglas Weber

Bird Realty License #475127481 Listed on: 09/14/2020

Last Buyer's Agent

Stephanie Wendt

RE/MAX of Rock Valley License #475146602

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 66x132

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,004
  • Gross Income $12,045
  • Net Operating Income $3,534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Other
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 65000
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 220

Lot Info

  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • Net Operating Income: 3534
  • Insurance Expense: 1004
  • GrossIncome: 12045
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 1666.46
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 23, 2020
Sold by
Lynch Thomas E and Lynch Elizabeth A
Bought by
Champlain Dustin
Seller's Agent
Douglas Weber
Bird Realty
Buyer's Agent
Stephanie Wendt
RE/MAX of Rock Valley
List Price
$65,000
Sold Price
$53,000
Premium/Discount to List
-$12,000
-18.46%
Current Estimated Value
$101,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,474
Avg. Annual Appreciation
15.51%
Original Mortgage
$39,750
Outstanding Balance
$35,773
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,671

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 10, 2016
Sold by
Lynch Thomas E and Lynch Elizabeth A
Bought by
Hill Properties Llc
Seller's Agent
Alisa Patterson-Orozco
DICKERSON & NIEMAN
Buyer's Agent
Douglas Weber
Re/Max of Rock Valley
List Price
$49,900
Sold Price
$45,500
Premium/Discount to List
-$4,400
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$36,400
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2011
Sold by
Hill Kirk L and Hill Susan K
Bought by
Hill Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Champlain Dustin $53,000 None Available
Hill Properties Llc $22,753 --
Hill Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champlain Dustin $39,750
Previous Owner Hill Properties Llc $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $53,000 -18.5% --
10/15/2020 10/15/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $65,000 +42.9% --
06/10/2016 06/10/16 Sold $45,500 -8.8% $34 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $49,900 -- $38 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,334 $23,234 $6,562 $16,672
2023 $2,136 $21,430 $6,502 $14,928
2022 $2,045 $19,835 $6,018 $13,817
2021 $1,929 $18,508 $5,615 $12,893
2020 $1,683 $15,946 $5,366 $10,580
2019 $1,666 $15,866 $5,339 $10,527
2018 $1,583 $15,183 $5,109 $10,074
2017 $1,577 $15,183 $5,109 $10,074
2016 $1,508 $14,651 $4,930 $9,721
2015 $2,164 $22,109 $5,104 $17,005
2014 $2,174 $22,109 $5,104 $17,005
2013 $2,160 $23,209 $5,358 $17,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10857114

Midwest Real Estate Data (MRED)

APN: 16-03-380-009